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Nov 30, 2012 6:00pm EST
. with china expanding and india blooming, not to mention the splendid addition to t barn to the family starbucks has a terrific story to tell and they can tell it. may be a one off situation. the business of fried chicken, it's cool there in china. i can't draw any conclusion. plus it's worth pointing out the united states lately was a disappointment. all that said, yum is a remarkable company. my inclination would be to hold onto it no matter what. if you really need to get out of it maybe at a higher price. perhaps at next thursday's analyst meeting. for yum in general it's worth pointing out that the restaurant stocks have become quite inhospitable of late. with everyone from mcdonald's and cracker barrel and chipotle disappointing the street, my takeaway please don't draw conclusion that china's back sliding. we have way too much evidence to the contrary. just conclude that something's awry right now in china for yum, for the colonel. and just specific to him. and that not too long from now chairman ceo david novak will fix it so ultimately there will be better times ahead for yum.
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